Bitcoin Hits $96,000 After U.S. Tame Inflation Data
The cryptocurrency surged over 5% on Tuesday after the Bureau of Labor Statistics reported December CPI at 2.7% year-over-year, matching forecasts, with core CPI rising just 0.2% monthly-below expectations. $DASH
DASHUSDT
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56.64
-7.23%
This fueled trader bets on interest rate cuts, breaking key resistance at $94,000 and $95,000, while wiping out over $410 million in short positions.
Bitcoin topped near $96,009 before settling around $95,800, up 10% year-to-date in 2026, as analysts eye a push toward $100,000 amid ongoing volatility
BTCUSDT
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88,041.8
-1.18%
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